Resources
We conduct original research on the causes of short-term business decisions and work to find practical solutions.
Governance, Incentive Alignment | Article
17 August 2020 - FCLTGlobal researchers sat down with MIT Senior Lecturer Robert Pozen to discuss potential ways to implement a change in corporate pay.
Governance, Strategy | Video
12 August 2020 - In the first installment of our new Risk Webinar Series, Ahren Estabrooks (Ontario Teachers’ Pension Plan), Carol Geremia (MFS), and Daniel Godfrey (Federated Hermes) discussed the importance of managing investment risk in long-term mandates.
Strategy | Press Release
10 August 2020 - New report from FCLTGlobal aims to rebalance long-horizon R&D investing
Strategy | Report
9 August 2020 - R&D spending, especially long-horizon R&D project spending, faces a unique set of short-term pressures relative to other types of long-term investment. When facing short-term financial pressures, behavioral biases including manager risk aversion and uncertainty around forecasting potential future returns (among other things) lead to a tendency among management teams to cut long-horizon projects first. The declining tenure of managers, the lack of innovation-linked metrics in incentive compensation plans, the typically asymmetric return profile of long-horizon projects, and an investment community that often ignores the potential impact of long-horizon innovation spending in a company’s valuation analysis all contribute to this...
Strategy | Toolkit
9 August 2020 - An interactive R&D Scenario Engine that allows corporate boards, executives, and risk committees to determine their optimal R&D allocation between short, mid, and long-range projects.
Incentive Alignment | Article
28 July 2020 - FCLTGlobal will research new ways in which short-term, status-quo compensation practices can be restructured to enhance long-term value creation.
In the News, Article
27 July 2020 - Rather than worrying about addressing near-term compensation shortfalls, compensation committees can use long-term incentives to keep executives focused on their business’ long-term strategy.
Strategy, Metrics | Article
22 July 2020 - Investors want standardized reporting of sustainability and other non-traditional metrics. What will that look like on a global scale?
Governance | In the News
21 July 2020 -
Policy | Article
20 July 2020 - The US Department of Labor proposed new regulatory guideposts for fiduciaries in light of recent trends in ESG investing. Read FCLTGlobal's full comment letter.
